Cards & Payments
Japan’s card payments market to be worth $742.2b in 2023
Growing consumer preference for electronic payments will push a 7.5% growth in value.
Japan’s card payments market to be worth $742.2b in 2023
Growing consumer preference for electronic payments will push a 7.5% growth in value.
Mastercard links with Indonesian Telecom firm for digital payments
Mastercard and Indosat Ooredoo Hutchison (Indosat) have formed a strategic partnership to enhance Indonesia's digital payment landscape.
UnionPay users offered Laos-China Railway discount
Promo period is only until 15 August 2023 and is usable for 15 discounted transactions.
Mobile wallet payments in India to hit $5.7t in 2027
The value of mobile wallet payments doubled from 2018 to 2022.
Hang Seng Bank, Visa to test CBDC use cases in Hong Kong
The three will collaborate to explore the feasibility of tokenised deposits.
Filipino Q1 credit card spending jumps nearly half from previous year
This was the highest recorded amount since the start of the COVID-19 pandemic in 2020.
Visa taps seven APAC startups for digital payments innovation
Startup companies were chosen from India, Mainland China, Thailand, Singapore, and Germany.
Public Bank launches cross-border QR payments to Singapore
Merchants and individuals can exchange payments to and from either country.
Kakao Pay beset with 2 hour service disruption
This was subsequent to its the messaging app’s recent cyber disruption.
UOB unveils exclusive wine pairing dinners for cardholders
Cardholders can also attend invite-only wine masterclasses.
Foreign JCB cardholders offered Tokyo Tower discounts
They can avail a 30% discount on the admission fee until 30 April 2024.
Mastercard intensifies fraud protection measures for e-commerce sellers
About US$10.6b in fraud will potentially affect Asian merchants in 2023.
HSBC SG partners with Mastercard for travel credit card
It aims to provide convenience for travellers due to the rise in post-pandemic traffic.
Macau Pass to provide acquiring services to SEA e-wallets
The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.
SG fintech Volopay targets to triple revenue by June 2024
Rising above the pandemic, varying regulations, and talent pool challenges, Volopay sets an ambitious goal to expand operations.
Mastercard unveils new Data & Services hub in Malaysia
The company’s D&S experts work with nearly 4,000 clients over 120 countries.
Australia’s Airwallex expands to Israel
Or Liban has been appointed as the company’s head of Israel and the Middle East.